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ICRA upgrades ratings assigned to Wheels India’s bank facilities

02 Dec 2016 Evaluate

Credit Rating agency, ICRA has upgraded rating assigned to Wheels India’s short term borrowings to ‘A1+’ from ‘A1’.

Wheels India is company promoted by the TVS Group, India’s largest auto component manufacturers. It is one of the largest steel wheel manufacturers in the world.

Peers
Company Name CMP
SamvardhanaMotherson 156.20
Tube Investments 2217.00
Bosch 44503.80
UNO Minda 1107.00
Bombay Burmah Trdg. 1246.20
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